MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.25%. Japan’s Nikkei stock index rose 0.29%, while Australian shares were up 0.48%
The focus will shift to the next round of U.S.-China trade negotiations expected in Washington on Oct. 10-11 to see if the two sides can end a bruising year-long trade war that has hurt global growth and raised the risk of recession.
U.S. stock futures, fell 0.35% in Asia on Monday after the S&P 500 ended 1.4% higher on Friday.
· Japan’s Nikkei share average slipped in subdued trade on Monday, pressured by concerns that Sino-U.S. trade talks may make little headway this week, although moderate U.S. jobs growth in September offered some support.
The benchmark Nikkei ended down 0.2% at 21,375.25 points, while the broader Topix ended flat at 1,572.75, with trading volume hitting the lowest in two months.
· European shares dipped on Monday, extending losses from their sharpest weekly slide this year, as weak data on German industrial orders underscored concerns of a looming recession in the country while investors were on edge ahead of crucial trade talks between the U.S. and China this week.
By 0710 GMT, the pan-European STOXX 600 index was down 0.1%, after it tumbled 4% last week on tensions over transatlantic trade wars and a clutch of weak U.S. and European data.
Germany's DAX .GDAXI declined 0.2% after data showed German industrial orders fell slightly more than expected in August.
A report that said China officials are increasingly reluctant to agree to a broad trade deal with the United States, kept investors nervous ahead of the trade negotiations starting on Thursday.
Reference: Reuters, CNBC
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